V. Kyrii, PhD Student Taras Shevchenko National University of Kyiv, Kyiv SECURITIZATION AS A MAIN INSTRUMENT OF STRUCTURED FINANCE FOR BANKS: THEORETICAL BASIS AND LATEST TENDENCIES

In the article theoretical basis of securitization process was considered as main instrument for banks structured finance. Also features for main instruments of securitization were provided. The latest tendencies on securitization market in USA and Europe were analyzed.

Keywords: structured finance, securitization, financial instruments, securities.

DOI: http://dx.doi.org/10.17721/1728-2667.2013/153-12/11

References
  1. Behr J.P. Securitization Assets: Securitization of Financial Assets – innovative technique for banks financing / Behr J.P. – Мoscow: Wolters Kluwer, 2007. – 624 p.
  2. Versal N.І. Sekjuritizacіja ta jiji rol’ u vіdnovlennі f іnansovoji stabіl’nostі [Securitization and its role in recovery of financial stability] / N.І. Versal // Herald of the National Bank of Ukraine. – 2010. – № 4. – P. 28 – 35.
  3. Davidson A. Mortgage-Backed Securities: world experience, structuring and analyses/ Davidson A., Sanders E. – Moscow: Vershyna, 2007. – 592 p.
  4. Kravchuk І.S., Juhimchuk V. D. Sek’juritizacіja bankіvs’kyh aktyvіv [Securitization of banks assets] // Investments: practice and experience. – 2008. – № 1. – P. 27–32.
  5. Naumenkova S.V., Buj T.G.Vykorystannja strukturovanyh cіnnyh paperіv dlja fіnansuvannja korporacіj v Ukrainі [Usage of structured securities for corporations financing in Ukraine] // Finance of Ukraine. – 2010. – № 2. – P. 89-101.
  6. Jobst A. What is structured finance? // ICFAI Journal of Risk Management.– 2007. – P. 1–18.
  7. Securitisation 2009/ International Finance Services London. – 2009. – Р. 1 – 8. 8. Securitisation Data Report Q2:2013/ Association for Financial Markets in Europe. – 2013. – P.1-27.

Download

  • pdf 153_11
    File size: 956 kB Downloads: 194